10 Enterprise Startup Ideas To Put Your Money On! Find Out Which Startup Is Taking Over
While it seems like 2018 contained more bad news than good ones, the world of enterprise tech grew within the year. This holds true as worldwide IT spending is projected to total $3.8 trillion in 2019 wherein startup ideas are all about selling wares to other businesses, not to consumers.
Do we have your attention now?
If you’re considering new beginnings this new year, well, maybe this is the sign you’re looking for. We’re welcoming 2019 with a list of 10 promising startup companies who did so well in the last year, there is no doubt about their success this year and beyond.
There were a number of factors considered for the startups who made it in our list like its founders’ competence, the investors’ reputation, and the amount of financing raised along with valuations. The variety also ranges from startups that are just starting out to well-established ones.
Without further ado, here are 10 startup ideas to bet your money and career on:
See A Bright Future with Bright Machines
Technology is rapidly advancing in just days that it won’t be a surprise to us if robots started running things a lot more intelligently and independently in 2019.
For this, you can bet that Bright Machines will be a part of that movement as this ingenious startup company uses machine learning to create a smarter factory robot. It aims to fill in software gaps so that engineers can just upload their designs, provide the raw material to the machine, and let it do the gadget production itself.
With just 300 employees, this San Francisco-based startup raised a healthy $179 million round of funding from Eclipse Ventures, with participation from Flex. All of which are spearheaded by Amar Hanspal, who previously served as Autodesk co-CEO.
Did we mention they are just a newly founded company? Because, yes, they are. Beginning as a stealth startup as AutoLabs AI in May 2018, Bright Machines continues its skyrocket success.
Secure Startup Ideas with Carta
Considering on finally making your startup idea into reality? Well, Carta can definitely help you manage your cap tables, valuations, portfolio investments, and equity plans through a software that eliminates spreadsheets and paper certificates.
Formerly founded as eShares in 2012, this company based on Palo Alto, California raised $80 million for an $800 million valuation just last year from lead investors Meritech and Tribe Capital which brings Carta’s total funding to $147.8 million.
Led by Henry Ward, the Carta team plans to use its latest investments to further actualize their mission to create more startup owners, reduce income inequality, and pull more wage-earners out of the debt stack and into the equity stack.
Safeguard Your Company with Checkr
There’s one Confucian quote that goes ‘Study the past if you would define the future.’
Well, with the ever growing demand for startup careers, contract employment increases and with it comes the rise for the need of background checks. Employers are then tasked with a great duty of trusting the right people. Usually, it’s risky business as they only rely on the documents provided by applicants and what not.
Engineers Daniel Yanisse and his co-founder Jonathan Perichon noticed the incompetence of this matter to which they developed and launched Checkr in 2014 to better aid startup companies, especially those that hire transient work forces.
Background screening is gruelling work but now, Checkr can help you cut to the chase and choose the right person for the job. With its cloud software, it offers screening services, compliance services, and security solutions for building a better future for workers and companies alike.
Connect More with Dialpad
Communication is one of the key to success, and companies do interact with their customers in order to better their service thus retain their relevance in the market.
As mobile phones become more and more of a staple accessory of every person, there’s no surprise that a large chunk of the customer communication are done over the phone, coming up to 92 percentage yet a staggering 85% of the consumers are reported as dissatisfied with their phone experience.
Another San Francisco-based startup, Dialpad, answers the call for assistance: simplified business phone solutions through its next-generation cloud architecture and easy-to-deploy platform.
Since its founding in 2011, Dialpad, lead with CEO Craig Walker, a Voice Over Internet Protocol (VoIP) expert innovator and creator of Google Voice, celebrated many highlights from the launch of UberConference, the release of Voice AI and to the more recent news of raising $50 million in Series D funding. Dialpad is sure to keep it rolling this 2019.
Deliver Instant Solutions with Fastly
Traditionally, content delivery networks (CDNs) always concentrate on speeding up the remittance of static assets like images, videos, etc., but doesn’t always work well for modern web apps.
Fastly, an edge cloud platform, helps large websites work a lot more instantaneously by sending data and apps closer to their users.
Alongside its edge cloud platform, Fastly has three services namely the Fastly Image Optimizer, Load Balancer and Web Application Firewall (WAF) which are all designed to complement its edge processing and deliver specific functional benefits.
Founded in 2011, Fastly, with CEO Artur Bergman, has grown and eventually raised a $75 million Series D round led by ICONIQ Capital to further help companies deliver dynamic content speedily, focusing more on real-time services. This was further pushed when it reportedly broke the $100 million revenue mark in 2017 and raised more funding in 2018.
Break Boundaries with Flywire
Being connected to each other more closely than ever via the Internet, there are still borders and barriers that stand against our ways, especially for companies doing business internationally.
Flywire, dubbing itself as the world’s money engine, aims to remove boundaries and enable global payment and receivables process that helps universities, hospitals and businesses accept foreign-currency payments.
The Boston-based fintech company may not be the only startup in this market but the year 2018 has been pretty spectacular for them, having partnered up with Deutsche Bank. It has also raised $100 million in new funding which was led by Temasek, a Singapore investment company.
Mike Massaro, Flywire CEO, put the company’s triumphs down to its faculty to solve complex issues in international fund transfer systems. And, with its new funds, there are plans on investing in geographic expansion, cross-selling current educational clients to manage domestic payments, and advancing technology.
Find a Better Testing Grounds with HeadSpin
It’s quite a hassle when the mobile apps you use in your smartphones are full of bugs or even completely crash. If it is for us, imagine how much of a problem it is for tech companies.
Tech companies periodically test, debug and monitor their mobile apps. They usually do so through a simulator on their computers which doesn’t exactly do the job completely as there might be unexpected bugs on the actual mobile app when ran by real users.
HeadSpin, a Silicon Valley startup, allows developers to easily check all of these with their mobile apps and sites in real-time on actual devices.
Consequently, with investors having seen its potential, Headspin closed $20 million in Series B financing, making their valuation go up to $500 million in just three years since its founding.
Keep Safe with Illumio
Hackers and viruses are the worst enemy of tech companies as there’s no telling when and how they’re going to strike the very core of their business.
Luckily, Illumio, the leader in micro-segmentation, does what is called “application security” which involves watching applications to secure that they aren’t doing anything outside their programming, pointing to a hacker or a virus if so.
Just six month after it came out of stealth mode since being founded in 2013, Illumio valued at more than $1 billion and in 2017, secured $125 million Series D led by J.P. Morgan Asset Management. The company says it is still growing fast, increasing its bookings, aka revenue under contract, by 300% in the last year.
Be Greener with Pivot Bio
In a world that’s slowly getting more and more conscious in preserving Mother Earth, Pivot Bio is one of the new save-the-planet startups that offers a more sustainable and safer alternative to nitrogen fertilizer.
Based in Berkeley, this synthetic biology company announced in 2018 that it has completed a Series B round of financing totaling $70 million led by Breakthrough Ventures, Bill Gates’ innovation investment fund.
The funding is said to be invested in bringing its first microbial product to market in this year, but the company also has plans in testing new markets, as well as funding research into a seed treatment application.
Inspired by the farmers around the world, Pivot Bio will surely be around to further develop the science behind sustainable agriculture.
Save Lives with Zipline
In 2013, Amazon famously introduced the idea of drones delivering products right at your doorsteps. This created buzz, with Google working on its own delivery service. However, two years beforehand, Zipline has already created the world’s largest fully autonomous delivery system.
Not only that but this company that’s based in Half Moon Bay, California took drone delivery to greater heights. It created a national drone delivery system to ship blood and drugs to rural communities in Rwanda and around the world, saving lives despite challenging terrain and gaps in infrastructure.
Keller Rinaudo, Zipline CEO, says its African experience has inspired it to overhaul its entire logistics system, not just its drones. Last year, it upgraded its distribution centers, using computer-vision technology to assist with pre-flight checks.
It is also hoping its newly launched fixed-wing aerial robot, which is faster and easier to maintain, will help it win business in an industry that has attracted a lot of big players like the aforementioned Amazon.